HSBC names Charlie Nunn CEO of retail banking, wealth management

Nunn succeeds John Flint, who will become chief executive director and group chief executive of HSBC on 21 February 2018

Banking group HSBC has appointmented Charlie Nunn as the new CEO of retail banking and wealth management.

Nunn was previously the head of group retail banking and wealth management, leading the teams supporting HSBC’s retail and wealth businesses globally. He joined HSBC in 2011 and was appointed a general manager in February 2014.

Nunn has worked in financial services since the early 1990s, beginning his career at Accenture where he worked for 13 years as a partner, before moving to McKinsey & Co as a senior partner.

Nunn said: “I am honoured and excited to be taking on this role. HSBC has an exceptional brand in the retail and wealth space, and the business is already in great shape. We must continue to accelerate the pace of change required to meet the expectations of our customers, employees and communities, and make our customers’ interactions with HSBC simpler, better and faster.

“I am looking forward to working with the board, the executive team and my colleagues around the world to meet this challenge.”

Flint said: “Charlie has a deep understanding of our retail banking and wealth businesses that is second to none. [He] blends his passion for HSBC with his previous experience supporting a broad range of financial institutions, giving him a clear understanding of the opportunities we have to build on our current momentum.”